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Anestetic [448]
4 years ago
7

EB3.

Business
1 answer:
Natalija [7]4 years ago
5 0

Answer:

Please see the explanation

Explanation:

Sales budget for the 4 quarters of the first year is given as follows:

Quarter 1 sales=120,000*$20=$2,400,000

Since there is 7% increase in each subsequent quarter, therefore the sales for  the subsequent quarters of year 1 shall be calculated as follows:

Quarter 2 sales=$2,400,000*1.07=$2,568,000

Quarter 3 sales=$2,568,000*1.07=$2,747,760

Quarter 4 sales=$2,747,760*1.07=$2,940,103.2

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3 years ago
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Ivan

Answer:

high savings rate

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